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7 economic events that define the features of gold prices, Wednesday, June 16, 2021

The precious metals market awaits a number of important events that are expected to affect the course of trading during today's trading, Wednesday, June 16, 2021, which we review in the following context:

Chinese industrial production announcement

Chinese retail sales revealed

British consumer price index announcement

Canadian CPI details

US crude oil stocks

- The interest rate decision, economic expectations and the press conference of the Federal Reserve

New Zealand's gross domestic product

Gold prices were at their lowest level in more than 3 weeks under pressure of the dollar's rise in the past 48 hours, while cautious investors await the outcome of the Federal Reserve's policy meeting this week, while the recent rises in consumer prices are seen as a temporary issue.